NEFAZ PTC (MIC:NFAZ) Cyclically Adjusted PB Ratio: 4.36 (As of Aug. 06, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIC:NFAZ NEFAZ PTC MIC:NFAZ
17 GF Score
Price ₽257.00
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What is NEFAZ PTC Cyclically Adjusted PB Ratio?

NEFAZ PTC MIC:NFAZ +8.44% 17 Cyclically Adjusted PB Ratio is 4.36 as of Aug. 06, 2026. GuruFocus rates MIC:NFAZ with a GF Score™ of 17/100.

As of today (2026-08-06), NEFAZ PTC's current share price is ₽257.00. NEFAZ PTC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₽58.92. NEFAZ PTC's Cyclically Adjusted PB Ratio for today is 4.36.

The historical rank and industry rank for NEFAZ PTC's Cyclically Adjusted PB Ratio or its related term are showing as below:

MIC:NFAZ's Cyclically Adjusted PB Ratio is not ranked *
in the Vehicles & Parts industry.
Industry Median: 1.26
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

NEFAZ PTC's adjusted book value per share data for the three months ended in Dec. 2023 was ₽238.564. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₽58.92 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


NEFAZ PTC  (MIC:NFAZ) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


NEFAZ PTC Cyclically Adjusted PB Ratio Related Terms


NEFAZ PTC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for NEFAZ PTC's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NEFAZ PTC Cyclically Adjusted PB Ratio Chart

NEFAZ PTC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3.64 10.81 0.00 8.48

NEFAZ PTC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 6.54 11.93 8.48

MIC:NFAZ vs TSLA, GM, F: Cyclically Adjusted PB Ratio Comparison

For the Auto Manufacturers subindustry, NEFAZ PTC's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NEFAZ PTC Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NEFAZ PTC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where NEFAZ PTC's Cyclically Adjusted PB Ratio falls into.


MIC:NFAZ
17GF Score
NEFAZ PTC MIC:NFAZ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NEFAZ PTC Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

NEFAZ PTC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=257.00/58.92
=4.36

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NEFAZ PTC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, NEFAZ PTC's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=238.564/249.1000*249.1000
=238.564

Current CPI (Dec. 2023) = 249.1000.

NEFAZ PTC Quarterly Data

Book Value per Share CPI Adj_Book
201312 87.764 124.900 175.036
201403 57.850 127.800 112.758
201406 71.636 130.900 136.322
201409 74.315 132.700 139.502
201412 92.271 139.000 165.358
201503 66.419 149.400 110.743
201506 69.512 150.900 114.748
201509 9.760 153.500 15.839
201512 15.324 157.000 24.313
201603 -7.388 160.200 -11.488
201606 -23.136 162.200 -35.531
201609 -22.694 163.300 -34.618
201612 19.927 165.400 30.011
201703 1.210 167.000 1.805
201706 0.010 169.200 0.015
201709 1.007 168.200 1.491
201712 26.547 169.600 38.991
201803 -16.980 171.000 -24.735
201806 -0.974 173.100 -1.402
201809 -4.486 173.900 -6.426
201812 26.568 176.800 37.433
201903 -86.169 179.900 -119.315
201906 -68.593 181.200 -94.296
201909 -76.454 180.800 -105.336
201912 0.445 182.200 0.608
202003 -12.518 184.500 -16.901
202006 40.122 187.000 53.446
202009 13.695 187.400 18.204
202012 36.269 191.100 47.277
202103 55.004 195.200 70.192
202106 106.827 199.100 133.654
202109 138.389 201.300 171.250
202112 112.301 207.200 135.011
202203 111.072 227.800 121.458
202206 127.124 230.800 137.204
202209 0.000 228.800 0.000
202212 0.000 231.900 0.000
202306 233.104 238.300 243.669
202309 244.293 242.600 250.838
202312 238.564 249.100 238.564

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 4.36 mean?
NEFAZ PTC (MIC:NFAZ) has a Cyclically Adjusted PB Ratio of 4.36 as of Aug. 06, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on NEFAZ PTC and its competitors.
Is NEFAZ PTC's Cyclically Adjusted PB Ratio too high?
NEFAZ PTC's current Cyclically Adjusted PB Ratio is 4.36. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.26. NEFAZ PTC's value of 4.36 is 246% above this industry median. Overall, NEFAZ PTC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does NEFAZ PTC's Cyclically Adjusted PB Ratio compare to TSLA and GM?
NEFAZ PTC's Cyclically Adjusted PB Ratio of 4.36 can be compared against companies in the Vehicles & Parts industry. The industry median Cyclically Adjusted PB Ratio is 1.26. NEFAZ PTC's value of 4.36 is 246% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.26, based on 1,013 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NEFAZ PTC's current Cyclically Adjusted PB Ratio of 4.36 is 246% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on NEFAZ PTC and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEFAZ PTC's current Cyclically Adjusted PB Ratio is 4.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEFAZ PTC stock overvalued right now?
NEFAZ PTC (MIC:NFAZ) has a current Cyclically Adjusted PB Ratio of 4.36. The current Cyclically Adjusted PB Ratio is 4.36 and 246% above the Vehicles & Parts industry median of 1.26. NEFAZ PTC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For NEFAZ PTC (MIC:NFAZ), the current Cyclically Adjusted PB Ratio is 4.36 as of Aug. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

NEFAZ PTC Business Description

Address 3 Ul Yanaulskaya, Neftekamsky, RUS, 452680
NEFAZ PTC is engaged in the manufacture of passenger buses, tank-loading equipment, trailers and semi-trailers, and spare parts.
17GF Score

Get the complete analysis for MIC:NFAZ

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₽257.00
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